US President Donald Trump said that from tomorrow the country will introduce return duties on goods from other states, while the base rate will be 10 percent.
At the event organized in the White House, Trump signed a decree on the introduction of a return duty on goods from other countries.
Speaking at the event, the US president called today the long -awaited “Liberation Day” and said: “Our country and taxpayers have exploited for more than 50 years, but this has been put an end.”
Today, according to US President Donald Trump, is one of the most significant in the history of the country.
The head of the White House emphasized that this is a “declaration of economic independence” for America. Trump said that the United States is strongly determined to eliminate foreign trade barriers.
The American leader is convinced that this should lead to an increase in domestic production, increased competition and, as a result, reducing prices for American consumers.
Having called a chronic trade deficit not just an economic problem, but an emergency that threatens national security, US President Donald Trump emphasized that this is a serious threat to the country.
He also announced that from tomorrow the United States will introduce return tariffs against other states, noting: “We will set the minimum basic tariff rate at 10 percent.”
Trump also recalled that from midnight today, 25 percent duties on imported cars also enter into force.
, in the framework of the Decree signed by the US President Trump, it is provided for the introduction of tariffs against many US trading partners.
New import tariffs, in particular, will affect Vietnam- 46 percent, the European Union- 20 percent, China- 34 percent, Taiwan- 32 percent, Japan- 24 percent, India- 26 percent, Turkey- 10 percent.